Shell's vision aligns with that of PM Modi for India's energy sector, says chief executive officer Wael Sa

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Key Points

In an interview with ET, Shell CEO Wael Sawan expressed concerns about rising political and social polarization worldwide, citing its impact on policy stability and investment risks in the energy sector..

He emphasized that Shell's energy transition trajectory will be driven by economics, regardless of political changes, although policy shifts can affect investor confidence..

Rising political and social polarisation across the world is a real concern as it brings policy instability and raises risks for investments in the energy sector, Shell chief executive officer Wael Sawan told ET's Sanjeev Choudhary in an interview..

The trajectory of the energy transition will be driven by economics and may not change even if Donald Trump returns to the White House, though a policy change can lower investor confidence, said the 49-year-old Lebanon-born CEO..

And I think Prime Minister Modi's vision of the future of the country again is one that now very much aligns with where we would like to go as a company: the balance of energy security and energy transition.Today, we have over 13,000 staff in India, making it the largest population of Shell in any one country..